For many of us, FI (financial independence) isn’t just about having the biggest bank account. Growing wealth is one thing, but getting rich isn’t the goal. Freedom, time with loved ones, and giving back to your community are. So, when he reached the millionaire mark and achieved Coast FI, Ryan Brennan knew it was time to leave his new director role and focus on something that fueled his FIRE in a non-financial way.
But, how did he get to a seven-figure net worth in his mid-30s anyway? A few very savvy (and repeatable) money moves catapulted Ryan’s net worth, allowing him to reach a level of financial freedom three decades before traditional retirement age. Through smart investing, unconventional living, and using his money to multiply his investments, Ryan secured the financial runway to enjoy a long sabbatical, doing what he truly loves—service work.
After multiple volunteering trips, Ryan started the FI Service Corps, a group for those on their way to (or at) FI to give back to the community and help others in less fortunate positions. Ryan and his FI Service friends have helped build houses for qualifying low-income families, laid floors, and painted for Habitat for Humanity, and done it all while staying on track for early retirement. Want to give back, too? Join Ryan on a FI Service Corps volunteer trip!
In This Episode We Cover
Repeatable money moves Ryan made to reach Coast FI by 36
Why financial independence is so much more than just growing your net worth (it’s about giving back!)
How to know you’re ready to take a sabbatical or quit your job
The live-in flip house hack strategy that will supercharge your FIRE progress
Why Slow FI may be even better than retiring as early as possible
How to join Ryan and other FI friends on a trip to help those in need
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-644
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
